Looking to diversify beyond XHLF? The ETFs below have the lowest correlation with XHLF — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from XHLF.
Best Diversifiers for XHLF
1454 ETFs have low correlation with XHLF (below 0.3), 156 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.15, roughly unchanged from -0.15 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.15 | -0.15 | — | 55 | Oil & Gas | XHLF vs UGA | |
| ProShares UltraShort Yen | -0.14 | -0.20 | — | 63 | Leveraged Currency | XHLF vs YCS | |
| VanEck Commodity Strategy ETF | -0.14 | -0.12 | — | 57 | Commodities | XHLF vs PIT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.14 | — | — | 53 | Commodities | XHLF vs CERY | |
| Simplify Currency Strategy ETF | -0.13 | — | — | 78 | Leveraged Currency | XHLF vs FOXY |
See all 1472 diversifiers for XHLF
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